Poland
This coverage examines the connections between Poland and the UK retail industry, focusing on supply chain relationships, sourcing strategies, market expansion by UK retailers into Poland, and the role of Polish economic and consumer trends in shaping retail decisions. Reporting is tailored for professionals managing cross-border operations, procurement, and international strategy.
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Apr- 2020 -27 AprilBusiness Bites
Lockdown to persist says Johnson, clergy weigh in on behaviour of corona-corporations
The PM is back at his desk and says the lockdown must continue for the foreseeable future, and it would be premature to consider lifting now. After having been struck down with COVID-19 himself – and ending up in intensive care – the premier has finally convalesced and spoke from…
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Mar- 2020 -17 MarchClothing & Shoes
H&M sales increase despite being ‘negatively impacted’ by Covid-19
Fashion retailer H&M has reported a rise in sales in its first-quarter results, despite being “negatively impacted” by the outbreak of Covid-19. For the period ended 1 December 2019, H&M reported an 8% increase in net sales to SEK 54,988m (£46,609m) compared with £51m in the year prior. H&M said…
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Oct- 2019 -3 OctoberClothing & Shoes
H&M Q3 profits spike 25%
H&M has reported a 25% spike in net profits during Q3, which it attributed to “continued development of more full-price sales and reduced markdowns”. In the three month period ending 31 August, the Swedish clothing retailer said profit before tax increased to SEK 5bn (£410m), ahead of analysts expectations of…
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Sep- 2019 -18 SeptemberHigh Street
Kingfisher sales slip in H1 results
DIY retailer Kingfisher has reported a 0.9% decrease in total sales for the six months ended 31 July 2019. Retail profit was down 4.4% in constant currency, which it said was “largely driven” by its French operations, and statutory pre-tax profit dropped by 12.5%, after exceptional items. B&Q’s total sales…
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Mar- 2019 -20 MarchDIY
Kingfisher boss to depart amid falling profits
DIY retailer Kingfisher has announced its CEO is to step down on the same day it revealed profits for the year had plummeted 13% to £693m. Veronqiue Laury, who had been overseeing the turnaround plan of the company which owns B&Q and Screwfix, will leave the company although no date…
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Dec- 2018 -10 DecemberComment
How supermarkets are tackling the waste problem
Waste is evidentially a huge problem in the UK, which hasn’t gone unnoticed by Theresa May who pledged to eliminate plastic by 2042. Iceland is one supermarket that is already preparing to make the appropriate changes to get rid of plastic from their branded products — with an aim of…
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Sep- 2018 -19 SeptemberDIY
B&Q owner Kingfisher sees 15% profit slump with H1 results
Kingfisher, which owns DIY retailers B&Q and Screwfix, has reported a 14.8% drop in H1 pre-tax profits, dragged down by “significant weaknesses” with its French operations. Underlying pre-tax profit dropped to £375m in the six months to 31 July 2018, compared with £440m the previous year, and total sales remained…
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May- 2018 -24 MayDIY
B&Q owner Kingfisher reports poor Q1 sales
DIY retailer B&Q has reported a 9% drop in like-for-like sales for the three months to April 30 2018. According to the group the report reflects an ongoing issue of lowered footfall and soft demand patterns. The adverse weather conditions and temporary snow related store closures impacted B&Q’s like-for-like sales…
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